Sound Point Meridian Capital, Inc. (SPME)

NYSE: SPME · Real-Time Price · USD · Preferred Stock
25.25
+0.06 (0.24%)
At close: Jan 28, 2026, 4:00 PM EST
25.25
0.00 (0.00%)
After-hours: Jan 28, 2026, 7:00 PM EST
0.24%
Market Cap289.01M
Revenue (ttm)96.19M +81.8%
Net Income7.42M
EPS0.36
Shares Out 20.47M
PE Ratio38.95
Forward PE6.24
Dividend$1.15 (4.55%)
Ex-Dividend DateFeb 13, 2026
Volume3,609
Open25.19
Previous Close25.19
Day's Range25.19 - 25.61
52-Week Range24.73 - 26.00
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateFeb 11, 2026

About SPME

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York. [Read more]

Sector Financials
Founded 2022
Country United States
Stock Exchange NYSE
Ticker Symbol SPME
Full Company Profile

News

Trying To Give A Credit Rating For Sound Point Meridian Capital Inc

Sound Point Meridian Capital Inc is a CLO CEF fund primarily exposed to CLO equity tranches, analyzed using Moody's adapted BDC methodology. SPMC demonstrates strong asset coverage, no secured debt, a...

Other symbols: SPMASPMC
2 months ago - Seeking Alpha

Sound Point Meridian Capital Term Preferred Stock

Sound Point Meridian Capital Inc., a closed-end fund (CEF) focused on high current income through investments in CLO equity and mezzanine tranches of below-investment-grade U.S. senior secured loans. ...

Other symbols: SPMASPMC
5 months ago - Seeking Alpha

SPME: New Term Preferred Shares From A Leveraged CEF

Sound Point Meridian Capital has increased leverage by issuing new 7.875% Series B Preferred Shares, SPME, which are actually debt due to their fixed maturity in 2030. Sound Point Meridian Capital, In...

5 months ago - Seeking Alpha